The global market for insulation materials has been witnessing expansion owing to the rising demand for these materials in industries such as automotive, aerospace, and building and construction. In order to achieve additional market share, companies in various regions have started adopting several product strategies. Some of the key players in the global insulation materials include Covestro AG, BASF SE, Huntsman Intl LLC, DowDuPont, Owens Corning, Evonik Industries, Johns Manville, bridgestone, and Atlas Roofing Corp. among others.
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